One Minute Daily Current Affairs – 2 July 2025
Important days
July 2 –World Sports Journalists Day 2025
- Theme-Championing Fair Play: Reporting with Integrity and Impact
National
RailOne App- launched by Indian Railways for all functionally under one app.
- On the occasion of 40th Foundation Day of the Centre for Railway Information Systems (CRIS).
Schemes
99446 Cr. Rupees– total outlay of newly launched Employment Linked Incentive (ELI) Scheme.
- With a focus on manufacturing, the initiative aims to create more than 5 crore jobs across various sectors.
Structure of the Employment Linked Incentive (ELI) Scheme
Part A – Incentives for First-Time Employees
- Target Beneficiaries:
92 crore newly registered employees under the Employees’ Provident Fund Organisation (EPFO). - Incentive Details:
Monthly wage support of up to ₹15,000, disbursed in two phases:- First Installment: After completion of 6 months of continuous service.
- Second Installment: After 12 months of service and successful completion of financial literacy training.
- Eligibility Criteria:
- Monthly salary must not exceed ₹1 lakh.
- A portion of the incentive will be locked in designated savings instruments for future withdrawal.
Part B – Support for Employers
- Coverage:
- Applicable across all sectors, with additional benefits for employers in the manufacturing sector.
- Incentive Structure:
- Financial incentives for hiring additional employees who remain employed for at least six months.
- Eligibility:
- Employers must be registered with the Employees’ Provident Fund Organisation (EPFO).
₹1 Lakh Crore-corpus of newly launched Research Development and Innovation (RDI) scheme.
- The scheme aims to promote private sector-led research and development in emerging and strategic areas. It is structured to provide long-term, low-interest funding and will be implemented under the oversight of the Anusandhan National Research Foundation (ANRF), chaired by the Prime Minister.
Mukhya Mantri Pratigya Yojana-Bihar (internship support)
- Also launched Mukhya Mantri Kalakar Pension Yojana .( Pension Yojana for senior artists)
Jan Suraksha Santrupti Abhiyan- Gujarat
- To Strengthen Welfare Delivery Mechanisms
International
India and UAE-Green Steel and Aluminium: Advancing Strategic Industry Partnerships.
- India Targets 300 Million Tonnes of Steel Production by
Pakistan- assumed the rotating presidency of the United Nations Security Council for July 2025, taking on the leadership role for the month.
Defense
INS Udaygiri-second stealth frigate built under Project 17A commissioned by Indian navy.
- Built in Mumbai by Mazagon Dock Shipbuilders Limited (MDSL).
INS Tamal-India’s last major warship built on foreign soil.
- INS Tamal (F71) was commissioned on July 1, 2025, at the Yantar Shipyard in Kaliningrad, Russia.
Ranks & Reports
99th– India’s rank in UN Sustainable Development Goals Index 2025.
- India has secured the 99th position in the 2025 SDG Index with a score of 67.0, marking its first entry into the top 100.
- India’s rank is 109th in 2024
Top 3 Countries by Score (2025)
Rank | Country | Score (2025) |
1 | Finland | 87.0 |
2 | Sweden | 85.7 |
3 | Denmark | 85.3 |
Bottom 3 Countries by Score (2025)
Rank | Country | Score (2025) |
167 | South Sudan | 41.6 |
166 | Central African Republic | 45.2 |
165 | Chad | 46.0 |
Appointments
Kesavan Ramachandran- New Executive Director of RBI.
Banking & Business
UPI-Records Slight Decline in June 2025 Despite Robust Annual Growth.
UPI Performance – June 2025 Overview
June 2025:
- Total Transactions:40 billion
- Total Value: ₹24.04 lakh crore
May 2025:
- Total Transactions:68 billion
- Total Value: ₹25.14 lakh crore
Year-on-Year Growth (June 2024 vs June 2025):
- Transaction Volume: ↑ 32%
- Transaction Value: ↑ 20%
Obituaries
Dr. BV Pattabhiram-Renowned hypnotist and motivational speaker, passed away.
for More Current Affairs Updates–
